Pending home sales fall further than expected in June

Pending home sales dropped 1.9 percent in June and 1.9 percent year over year to an index of 112.8, according to the National Association of Realtors’ Pending Home Sales Index, released Thursday. Pending home sales dropped 1.9 percent in June from the previous month and 1.9 percent year over year, according to the National Association … Read more

Showings ‘hyperactive’ in first 5 days of listing: ShowingTime

June brought a “rapid slowdown” in homebuyer demand, but showings were “still hyperactive” in the first five days of listings, according to showing management company ShowingTime. ShowingTime tracks data from more than 6 million property showings scheduled across the country each month. The company’s Showing Index tracks the average number of appointments received on active … Read more

Home price growth hits new record in April: FHFA

Home prices continue to climb amid low inventory and strong buyer demand, according to the Federal Housing Finance Agency’s monthly House Price Index (FHFA HPI) released on Tuesday. Home prices rose 1.8 percent in April from the previous month, and they rose 15.7 percent from April 2020. Both figures represent record growth for the HPI. … Read more

RealScout launches its 15th Buyer Graph in Virginia Beach

Eight brokerages have partnered to launch the Virginia Beach Buyer Graph, which hosts real-time anonymized buyer data and habits. RealScout has added its 15th Buyer Graph cohort in Virginia Beach, according to an announcement on Wednesday. Eight local brokerages will now share real-time anonymized buyer data and habits on the Buyer Graph platform, which enables … Read more

Connecting with Pacaso’s CEO: The future of the second home market

The Inman community will gather virtually for Connect, June 15-17. It’s a powerhouse lineup of speakers, and our focus is on the New Normal: what business looks like on the other side of the pandemic. Let this conversation with one of our June Connect speakers serve as an appetizer and get your ticket to this … Read more

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